http://www.xtacash.com Just another WordPress weblog Sun, 28 Feb 2010 10:00:47 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://www.xtacash.com/how-does-a-loan-modification-effect-your-income-during-tax-time-does-the-company-write-off-the-loss/ http://www.xtacash.com/how-does-a-loan-modification-effect-your-income-during-tax-time-does-the-company-write-off-the-loss/#comments Sun, 07 Feb 2010 10:53:58 +0000 admin http://www.xtacash.com/how-does-a-loan-modification-effect-your-income-during-tax-time-does-the-company-write-off-the-loss/ When a company writes of part of a debt, it is then recorded as income to the IRS and you pay taxes on it. Does the loan modifcation work the same way?

]]> http://www.xtacash.com/how-does-a-loan-modification-effect-your-income-during-tax-time-does-the-company-write-off-the-loss/feed/ 3 http://www.xtacash.com/how-to-file-taxes-for-a-home-business-with-a-loss/ http://www.xtacash.com/how-to-file-taxes-for-a-home-business-with-a-loss/#comments Tue, 26 Jan 2010 10:03:19 +0000 admin http://www.xtacash.com/how-to-file-taxes-for-a-home-business-with-a-loss/ I have a small home business that I had a loss on this year. It is my first year having a business and was wondering if i could just file a 1040 ez since I had a loss.

]]> http://www.xtacash.com/how-to-file-taxes-for-a-home-business-with-a-loss/feed/ 3